Seanad debates

Tuesday, 15 November 2022

An tOrd Gnó - Order of Business

 

2:30 pm

Photo of Jerry ButtimerJerry Buttimer (Fine Gael) | Oireachtas source

I also wish to be associated with the expressions of sympathy to the late Vicky Phelan and I thank her for her advocacy and campaigning zeal. I think we all agree that we should not lament her passing without ensuring that the action she fought for is fully implemented. May she rest in peace, and to her family we express our deepest sympathies. Senator Conway's suggestion of a motion of sympathy tomorrow is a good one and I hope the Leader will acquiesce to it.

I ask that the Minister of State at the Department of Finance, Deputy Fleming, come to the House to discuss the issue of insurance and, in particular, insurance costs. While I welcome the fact that motor insurance premiums fell by 17% between 2017 and 2021, there are still issues for consumers that need to be addressed, notwithstanding the reforms initiated by the former Minister of State, Michael D'Arcy, which are now being continued, thankfully, by the Minister of State, Deputy Fleming. It is clear that reform in the insurance industry is working and it is very important we continue that work. That is to the benefit of the insurance customer, the consumer. I would like that debate to be expanded to include home insurance premiums, in respect of which there are all sorts of clauses whereby customers of longevity get penalised. All those issues should be addressed in the debate on the issue of insurance, both motor insurance and home insurance. It is important we have a real debate, to include also business and the cost of insurance for businesses in a very challenging environment for our small and medium-sized enterprises. Again, I welcome the reform happening in the insurance industry. I ask that we have a debate in the House on it. It is a matter of huge concern to consumers, and I hope that debate can be held prior to Christmas, if possible.

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